1,149 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Purchased by Crew Capital Management Ltd.

Crew Capital Management Ltd. acquired a new position in MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,149 shares of the software maker’s stock, valued at approximately $333,000.

Several other institutional investors have also bought and sold shares of the stock. Victory Capital Management Inc. lifted its holdings in MicroStrategy by 145.9% in the fourth quarter. Victory Capital Management Inc. now owns 142,183 shares of the software maker’s stock worth $41,179,000 after purchasing an additional 84,353 shares during the period. Keybank National Association OH acquired a new stake in MicroStrategy in the fourth quarter worth about $1,271,000. GR Financial Group LLC acquired a new stake in MicroStrategy in the fourth quarter worth about $264,000. Charles Schwab Investment Management Inc. lifted its holdings in MicroStrategy by 14.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock worth $220,626,000 after purchasing an additional 97,515 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in MicroStrategy by 53.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,668 shares of the software maker’s stock worth $2,221,000 after purchasing an additional 2,674 shares during the period. Institutional investors and hedge funds own 59.84% of the company’s stock.

MicroStrategy Stock Up 9.7 %

Shares of MicroStrategy stock opened at $275.15 on Wednesday. MicroStrategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average price of $328.15 and a two-hundred day moving average price of $275.23. The stock has a market capitalization of $70.81 billion, a P/E ratio of -48.85 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MSTR. Benchmark reaffirmed a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Canaccord Genuity Group dropped their price target on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Mizuho began coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target on the stock. BTIG Research boosted their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, Barclays cut their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Profile

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.